What Does Grupo Elektra Do?

Total employees60000
HeadquartersCiudad de México
Founded1950

Grupo Elektra, S.A.B. de C.V. is a leading specialized financial services and retailing company in Latin America, and the largest non-bank provider of cash advance services in the United States. The company operates through two main divisions: Commercial and Financial. The Commercial division involves the sale of electronics, appliances, furniture, motorcycles, mobile phones, and services. The Financial division provides banking services, consumer credit, personal loans, and savings accounts, primarily through Banco Azteca, as well as insurance and retirement fund management. Grupo Elektra primarily targets the middle-to-low income population segment, offering accessible credit and a wide range of products.

Where Is Grupo Elektra's Headquarters?

HQ Function

Serves as the central hub for strategic decision-making, corporate governance, financial management, and administrative oversight for all Grupo Elektra business units, including retail operations and financial services (Banco Azteca).

Notable Features:

Modern office complex, part of the larger Grupo Salinas corporate campus, designed to facilitate collaboration, efficiency, and innovation. It houses key administrative and executive functions.

Work Culture:

The headquarters fosters a dynamic, fast-paced, and results-driven work environment, reflecting the company's focus on retail, consumer finance, and continuous adaptation to market needs. There's an emphasis on customer-centricity and operational excellence.

HQ Significance:

Its location in Mexico's capital allows for centralized control and strategic oversight of its extensive national operations and growing international presence, particularly in Latin America and its U.S. remittance business.

Values Reflected in HQ: The headquarters' infrastructure and operations likely reflect core company values such as innovation, customer focus, financial inclusion, efficiency, and leadership within its targeted market segments.

Location:

Grupo Elektra primarily operates in Mexico, with retail stores (Elektra, Salinas y Rocha) and financial services (Banco Azteca, Seguros Azteca, Afore Azteca). Internationally, its financial services arm, Banco Azteca, has a presence in Guatemala, Honduras, and Panama. In the United States, Grupo Elektra operates through its subsidiary Purpose Financial, Inc., offering non-bank financial services. The company strategically focuses on markets in the Americas, providing goods and financial products to a broad consumer base.

Street Address:

Av. Insurgentes Sur 3579, Colonia Tlalpan La Joya, Alcaldía Tlalpan

City:

Ciudad de México

State/Province:

Ciudad de México

Country:

Mexico

Where Else Does Grupo Elektra Operate Around the World?

Guatemala City, Guatemala Department, Guatemala

Address: Avenida La Reforma 9-55 Zona 10, Edificio Reforma 10, Nivel 10, Ciudad de Guatemala

To drive Grupo Elektra's financial inclusion mission in Central America by providing accessible financial solutions, supporting local economic activity, and expanding its customer base in Guatemala.

Dallas, Texas, USA

Address: Purpose Financial, Inc. (a Grupo Elektra subsidiary) has its HQ in Irving, Texas, part of the Dallas-Fort Worth metroplex. Example: 600 E. Las Colinas Blvd., Suite 1400, Irving, TX 75039 (General area for Purpose Financial).

To serve as a major provider of short-term credit and financial services to underbanked consumers in the U.S., complementing Grupo Elektra's focus on financial solutions for its target demographic.

Buying Intent Signals for Grupo Elektra

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Grupo Elektra? Meet the Executive Team

As of April 2025, Grupo Elektra' leadership includes:

Ricardo B. Salinas Pliego - Chairman of the Board of Directors
Juan Pablo Gabriel y Galán - Director General (CEO) of Grupo Elektra
Rodrigo Pliego Graham - Director General de Finanzas (CFO)
Pedro Iwasiw Horigome - Director General Jurídico (Chief Legal Officer)

Who's Investing in Grupo Elektra?

Grupo Elektra has been backed by several prominent investors over the years, including:

Ricardo Salinas Pliego (and related family interests - controlling shareholder)
Minority public shareholders on the Mexican Stock Exchange (Bolsa Mexicana de Valores)
Various institutional investors

What Leadership Changes Has Grupo Elektra Seen Recently?

Hire1
Exits2

The most significant executive change at Grupo Elektra in the last 12 months was the appointment of Juan Pablo Gabriel y Galán as the new Director General (CEO) in November 2023, succeeding Francisco Javier Aliseda Cornejo. Additionally, there was a leadership change at Tiendas Elektra with Fabrice Deceliere's departure.

Departures

Francisco Javier Aliseda Cornejo, Francisco Javier Aliseda Cornejo concluded his tenure as CEO of Grupo Elektra.
Fabrice Deceliere, Fabrice Deceliere resigned as CEO of Tiendas Elektra.

New Appointments:

Juan Pablo Gabriel y Galán, Juan Pablo Gabriel y Galán appointed as new CEO of Grupo Elektra, promoted from his role as Director of Operations of Italika.

What Technology (Tech Stack) Is Used byGrupo Elektra?

Discover the tools Grupo Elektra uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Grupo Elektra Email Formats and Examples

Grupo Elektra likely uses standardized email formats for its corporate communications. Common formats for companies of its size in Mexico include combinations of first name, last name, and initials. The primary domain is often `elektra.com.mx` or `grupoelektra.com.mx`.

A common format is [first_initial][last_name]@[domain], e.g., `jPerez@elektra.com.mx`. Another possibility is [first_name].[last_name]@[domain], e.g., `juan.perez@elektra.com.mx`.

Format

jperez@elektra.com.mx

Example

80%

Success rate

What's the Latest News About Grupo Elektra?

Grupo Elektra Investor RelationsApril 29, 2024

Grupo Elektra news title: Grupo Elektra Announces Strong Revenue and EBITDA Growth in the First Quarter of 2024

Grupo Elektra reported a 9% increase in consolidated revenue to Ps.42,271 million in Q1 2024, compared to Ps.38,770 million in the same period of the previous year. EBITDA grew by 15% to Ps.5,085 million. The company highlighted strong dynamism in both its commercial and financial businesses....more

Grupo Elektra Press Release / Multiple financial news outletsNovember 1, 2023

Grupo Elektra news title: Grupo Elektra Appoints Juan Pablo Gabriel y Galán as New CEO

Grupo Elektra announced the appointment of Juan Pablo Gabriel y Galán as its new Chief Executive Officer, effective November 1, 2023. He succeeded Francisco Javier Aliseda Cornejo. Gabriel y Galán previously served as Director of Operations of Italika, a subsidiary of Grupo Salinas....more

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